SEC admits crypto crackdown went too far ‘headlines’ as it dismisses 7 cases

In November 2024, the SEC celebrated 583 enforcement actions and a record $8.2 billion in remedies, saying crypto was proof it could keep pace with emerging threats. This week, the same agency published a 2025 review calling that approach a mistake. The new report said prior resources were misapplied, criticized the pursuit of “media headlines,” and described the past year as a “necessary course cor…